Sniffing big business
Maitreyee Handique
Published : February
11, 2004
Want to know
about fragrances that can enhance efficiency at the work
place? Wish to identify the chemical in your perfume that
gives you an allergy?
Come April and you may get a chance to attend a crash
course on industrial perfumery to help answer your questions.
Sanganeria Foundation for Health & Education, a body set
up by the Rs 58-crore fragrance formulation company, Ultra
International Ltd, is organising a five-day course in
perfumery in Delhi.
The course will focus on the aroma trade industry — in
India and globally, and teach you to get creative in making
your own perfume.
Ultra International, which exports essential oils and makes
fragrances and flavours, boasts of 500 clients including
Thailand-based spa company The Banyan Tree, a multinational
beverage company, baby soaps and global perfume brands.
The company has also created scents for some of India’s
popular hair oil, shampoo and deodorant brands. The
Delhi-based company has a factory in Sahibabad and stocks 500
varieties of essential oils, 300 kinds of aroma chemicals as
well as perfumery compounds, and claims to generate at least
50 fragrance and flavour formulations a day.
According to Sant Sanganeria, director of Sanganeria
Foundation, the perfumery course is targeted at professionals
who want to “add skills” to their portfolio. “It could help
people applying for a job to the cosmetic industry or anyone
who’s interested in launching a personal care products range,”
he says.
“For those not able to afford a one-year long course at a
foreign university, the course will offer basic knowledge
about the industry,” adds Ravi Sanganeria, the company’s
director.
The short course, which is being organised in association
with the University of Plymouth, will cost a whopping Rs
49,000, or roughly 10,000 a day. But Ravi Sanganeria says that
a similar course abroad would cost over Rs 1 lakh.
He adds that one would get a full view of how competitive
the industry is and learn about global trends in this field.
“So far, no regular courses are being offered in Indian
universities,” he says.
The course will be conducted by a high-profile team: Tony
Curtis, senior lecturer in marketing and perfumery at the
University of Plymouth, and fragrance consultants John Ayres
and Joanna Norman.
To be sure, fragrance and flavour formulations is a Rs
5,000 crore industry as every company right from a rubber
manufacturer to paints, soap and ice-cream maker uses perfumes
and flavours to mask the smell of its products.
About 90 per cent of the market, growing at the rate of
5-10 per cent per annum, is in the unorganised sector. Of
this, 25 per cent of the market is captured by the
gutka and paan masala makers.
“A product may have a smell or no smell, but everyone wants
a good scent. Which is why perfumery is a secretive business
as well as lucrative,” says S Sanganeria.
In the future, the company plans to set up a modern R&D
unit for flavours in Sahibabad. “It will work on highly
technical flavours such as meat, beverages and tobacco,” says
Sanganeria. The proposed unit, set up at the cost of Rs 2
crore, will be operational by the end of the year.
|